Hmm ok, I'll bite. Let's talk-
yod wrote:
OK, well that's a boatload....
What other economic system allows ANYONE to succeed?
every system allows people to succeed. The only systems that I can think of that do not are countries that are 3rd world and in chaos, and even in those, such as Somalia- people succeed, if only by leading gangs of criminals and murderers. Success is defined in many ways, but taking your point in your context, I believe that Mike even pointed out how Russia always had the Rubles.. there was money, and there were "wealthy" people, even in that communist society. What separated them from other wealthy people in other societies? Don't mean to answer a question with a question, but I really have to if we want to truly delve into it.
yod wrote:Capitalism, with all it's flaws, is the only economic system that allows people to keep what they've earned and worked for. It is (was) the engine that made America great.
I would argue in agreement that used to be true, mostly during our "great uprising" starting after WW2 up to and into the 90's. What is different now? Why are we failing? Why are so many more people falling into poverty? Why has the gap between the wealthy and poor reached the highest levels in american history? These are all questions worth discussing.
yod wrote:Only a commie could be against that. Looks like you've joined the crowd who wants to end America.
The system we have today is not the same system we had 50 years ago, which is not the same system they had 50 years before that, and so on. We might call it the same system in theory, but dramatic political and economic law changes have shaped that system. Political and social activism has changed that system.
Attacking me by calling me a commie, because I only wish to be active politically to change our system for the better is a cheap shot, and gives the impression that you aren't interested in positive discussion, but I'm clearly giving you the benefit of the doubt today. I'm in a good mood.
yod wrote:Greed isn't always a bad thing in business. It was greed that gave the world Microsoft and Apple, Ford and General Motors, American Airlines and Southwest, etc....
Those companies employ quite a few people, btw. I hope they are allowed to continue with the business atmosphere being fostered by der fuhrer.
Everyone who walks the earth is greedy. I don't pretend to say greed is a horrible thing and that everyone who is greedy is bad. Quite the opposite, we're all greedy- Some are greedy for more belongings, a better social status, a nice car.. others are greedy for attention or love, while more yet are greedy for knowledge, power, or even greedy for personal peace and harmony.
Any of those situations can get ugly when the greed itself manifests into obsession. Corporations by a matter of law are required to focus only on profit, regardless of the costs. There used to be strong regulations to control that, as demonstrated many times in US and world history that unfettered greed/capitalism leads to suffering of many for the gains of a few.
Those regulations have in the last 20 years, been dismantled, leaving greedy hungry monsters in it's wake. Corporations grew into giants during the strictest points in our economy. What we've seen since deregulation has been "too big to fail"- companies that have become so huge and monopolistic that we cannot even control them. They ignore laws, and often times the fines (when they do get punished) are far less than the profits, so they consider breaking laws and paying fines simply a part of doing business. The pharma industry is a poster-child of this system, as are most companies on wall st.
No, I don't mind strongly regulated capitalism. I do mind what we have today, which is bordering on fascism, and we all well know it. I know you view changing the system as something akin to amputating the leg because the toe has a splinter, but I don't believe it's like that- I like to believe we need to re-regulate the system, and put in better fixes to ensure it doesn't happen (this way) again. We appear to have learned nothing from the bailouts and crash on 2007 (I do consider it a crash, regardless of what the economists say).
So I ask:
Why can't we seem to admit there's a problem?
and, Why can't we seem to acknowledge history is repeating itself
and, Why can't we fix it?
Why can't we fix it is the easy one for me- my answer is because we won't acknowledge there's a problem (with capitalism as it exists today). Once we admit it, then we can move forward.
I brought up marxism, simply because the endless philosophizing that led to it was very focused on the exact flaws and problems we're having with capitalism itself.
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